New York, January 28, 2026, 21:45 EST — The market has closed.
- T-Mobile shares ended Wednesday up, recovering some losses from the previous session.
- AT&T’s positive outlook set the pace for U.S. telecoms amid ongoing earnings season.
- Verizon will report earnings this Friday; T-Mobile is scheduled to release its next update on Feb. 11.
T-Mobile US shares ended Wednesday up 0.95%, settling at $186.25 after trading in a range from $184.49 to $188.13 amid late-session repositioning. The stock bounced back following a 1.85% drop the previous day, with roughly 7.4 million shares exchanged. 1
As U.S. trading wraps up, attention turns to telecom execs’ remarks instead of the late-session tape. AT&T has already launched the group’s Q4 earnings season. Verizon reports on Friday, while T-Mobile won’t weigh in until February.
Sequencing is key here since the sector’s next move typically hinges on guidance around subscriber trends and pricing, rather than daily market fluctuations. Investors focus on churn—the percentage of customers who leave—and cash flow, especially as carriers continue investing in networks and vie for switchers.
T-Mobile tracked the telecom sector’s trend, despite a flat session for the broader market. The S&P 500 proxy SPY finished mostly steady, while AT&T jumped 4.65% and Verizon inched higher by 0.23%. 2
AT&T kicked off Wednesday with a bullish forecast, projecting annual profit that exceeds market expectations. The company is banking on its fiber expansion and strategic spectrum acquisitions to attract more 5G and home internet users. CEO John Stankey highlighted plans to “reach over 40 million customer locations” with fiber by year-end, boosted by the recent addition of Lumen’s consumer fiber assets. 3
T-Mobile investors are less focused on AT&T’s fiber calculations and more on how aggressively the big three will push promotions in early 2026. A tougher pricing battle could boost gross adds but squeeze margins—and the market usually reacts negatively to that.
Verizon announced it will release its fourth-quarter 2025 earnings on Friday, January 30, followed by an 8 a.m. ET webcast. Investors will get fresh insights into demand and competition in wireless and broadband. 4
T-Mobile lined up a key event: the company will report its fourth-quarter and full-year 2025 results on February 11 at 8:30 a.m. ET. The session will also feature updated financial targets for 2026 and 2027. 5
The setup works both ways. Should Verizon report deeper discounts, slower net customer growth, or higher churn, the sector could erase Wednesday’s gains fast—and T-Mobile wouldn’t escape unscathed.
When trading picks up again Thursday, eyes will be on whether the AT&T optimism sticks. Verizon’s results drop January 30, setting the next major test, with T-Mobile’s earnings call and target update coming February 11.
